Answer:
Target dollar sales = $353,333
Explanation:
First we need to find out how much contribution do we need to get a profit of 70,000.
Profit= Contribution - Fixed cost.
70,000=Contribution-36,000
70,000+36,000=106,000
Contribution= 106,000
Now in order to find the sales we will use the formula
Target Sales= Contribution/Contribution margin
Contribution = 106,000
Contribution margin =30%=0.3
Input the values into the formula
106,000/0.3=353,333.333
Answer:
Telecommuting.
Explanation:
This is a flexible work pattern in which employees are allowed to carry out their tasks from homes or other various locations outside the principal office .
It does not mean a total cut off from the office as occasional appearance and constant communication is required .
It has its advantages in improved moral , retaining best hands , increased productivity and cost savings.
The disadvantages include lack of supervision ,isolation and in - effective use of work hours
Answer: c) investment opportunities with superior returns.
Explanation:
Answer: Please see below for answers.
Explanation:
Variable costs are referred to as costs incurred to a company which change as the volume of production by the company or business changes that is when the volume of production increases, the costs increases , and decreases with decreased production.
Fixed costs are expenses incurred to a company which do not change in relation to the volume of production by the company or business that is when the volume of production increases or decreases, the costs remains the same.
a. Supervisor of the Drilling Department----- Fixed cost
b.Oil used to lubricate drill press machines---- Variable cost
c.Propane for forklift trucks used to move the material from the Drilling Department to the Assembly Department---- Variable cost
e.Natural gas used to heat the plant----- Variable cost
f.Security guard---- fixed cost s
g.Insurance on factory building----- Fixed costs
h.Electricity to power drill press machines---- Variable costs
.i Rent of factory building-Fixed costs